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Price deflation: Tends to force both real and nominal interest rates lower Tends to increase investment spending and the development of new jobs Will cause

  1. Price deflation:
    1. Tends to force both real and nominal interest rates lower
    2. Tends to increase investment spending and the development of new jobs
    3. Will cause borrowers to gain at the expense of lenders
    4. All of the above
    5. None of the above

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